Sunday, October 26, 2014   

Sony to slash 5,000 jobs
(02-06 16:03)

Sony on Thursday said it would cut 5,000 jobs from its workforce, saving more than US$1.0 billion annually as the Japanese electronics giant undergoes a painful restructuring.
The job losses -- about 1,500 in Japan and 3,500 overseas -- were tied to an overhaul of its television unit and the sale of its personal computer business, it said. --AFP
   
Other Business breaking news:
China and 20 other countries sign up to regional bank (10-24 18:00)
Britain says EU is asking for bigger contribution (10-24 17:49)
British economy grows slower in Q3 (10-24 17:00)
Firm in China's first bond default to be restructured (10-24 16:59)
Hang Seng closes lower (10-24 16:22)
Pearson reports sliding sales (10-24 16:22)
European stocks fall at open (10-24 16:05)
BASF says won't meet 2015 targets (10-24 16:04)
ECB to unveil results of eurozone bank health check (10-24 16:04)
German consumer confidence stops falling: survey (10-24 15:59)

More breaking news >>

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